This study examines the paradigm shift in industry and business management required to transition Korea into a Knowledge-based economy and society, responding to the new economic environment in the 21st century.
Since Korea lacks natural resources, it would be difficult to stay competitive with the existing mass production systems. Under these systems, it would be impossible to create the added value that supports economic growth. Therefore, it is essential to promote knowledge-based industries where the dynamic of increasing returns exists.
In order to promote knowledge-based industries, it is necessary to build knowledge infrastructure including education, human resources, research and development, knowledge-based industry clusters, intellectual property rights, and pursue knowledge-based business management focusing on nine strategies including technology development, outsourcing, design, quality, customer satisfaction, informatization, standardization, marketing and strategic partnership.
This study takes two approaches to strengthen knowledge competitiveness of industries: creating a competitive edge in each function of business management including technology development, quality management and strategic partnership. Also, in understanding knowledge competitiveness of each industry and develop infrastructure to use them to enhance competitiveness. Above all, it is important to concentrate resources and competencies on core businesses to ensure competitive advantage.
To this end, it is critical for the government and the private sector to make a clear division of roles. The nine strategies for knowledge management need to be implemented by the private sector, while the roles relating to the knowledge-based infrastructure need to be taken by the government. The best model of the role division would be the government intervening only in the activities which cannot be taken by the private sector.
산업의 지식기반화 실천전략(Action plan to promote knowledge-based industries -focusing on fifty industries-)
50개 산업을 중심으로
|Series Title; No||KIET 산업경제|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Economy < Economic Administration
Industry and Technology < Entrepreneurship